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Three Card Poker: This is a simple poker game played with a deck consisting of three cards: an Ace (high), a King (middle), and a
Three Card Poker: This is a simple poker game played with a deck consisting of three cards: an Ace (high), a King (middle), and a Queen (low). There is only 1 of each card in the deck. Play begins when Player A and Player B are each dealt a card. Each pays an ante of $1 into the pot. Then, Player A can choose whether to Bet (adding $1 to the pot) or Fold (conceding the pot to Player B). Then, if Player A has chosen to Bet, Player B can choose to Call (matching Player A's contribution of $1) or Fold (conceding the pot to Player A). Solve for the unique mixed strategy Nash equilibrium of this game
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